Avalanche (AVAX) Breakout Watch
$AVAX just hit $25.00, marking a +5.71% daily gain. Bulls are heating up! 🏔️
Current Price: $25.00
Key Moving Averages:
MA20: $23.38 ✅
MA50: $22.10 ✅
MA200: $19.07 🔥 Long-term breakout confirmed
Targets:
🥇 Target 1: $28.00 – Short-term local resistance
🥈 Target 2: $32.00 – Mid-term breakout level
🥉 Target 3: $40.00 – Major psychological barrier 🚀
Stop Loss:
Below $21.50 to manage downside risk ⛔
Why AVAX?
Strong trend reversal signals
L2 narrative & ecosystem hype building again
High volatility = Opportunity (and risk!)
⚠️ Speculative setup. Not financial advice. DYOR.